A set amount of money paid to an employee for a set period of time worked. You are paid the same no matter how many hours you work.
What is a "Salary?"
100
The date every year in which your Income Tax Forms must be filed (sent) to the IRS.
What is "April 15th?"
100
The term for the amount of money that is deposited by a saver into a savings account.
What is "Principal?"
100
The person who is the owner of the property that rents to a tenant.
What is a "Landlord?"
100
This refers to assets (resources owned) that can be easily converted to cash without the loss of value.
What is "Liquidity?"
200
An amount of money paid to an employee at a specified rate per hour worked. If you work more hours, you will be paid more.
What is a "wage?"
200
The money you have to spend or save after taxes and optional deductions have been withheld from your gross pay.
What is "Disposable or Discretionary Income?"
200
The term for the money that is given to a saver from the financial institution for allowing the money to remain in the savings account.
What is "Interest?"
200
In a divorce settlement, this is the money that is paid by one former spouse to another.
What is "Alimony?"
200
One who rents an apartment or a house.
What is a "Tenant?"
300
This is the gross pay amount that a person would get MONTHLY if his/her ANNUAL salary was $36,000. Hint: you need to do some math here.
What is "$3,000?"
300
A person who is established with his or her credit rating, signs the loan papers along with the applicant, and promises to pay the loan if the maker fails to pay.
What is a "Co-Signer?"
300
This is a calculation that can help you determine how many years it will take to double your money in a savings account.
What is "The Rule of 72?"
300
True or False? An excellent FICO score would be an 800.
What is "True?"
300
Comparing your checkbook register with the bank statement every month to make sure neither one has made a mistake.
What is "Reconciliation?"
400
The total amount of money you earned for your work before taxes are deducted.
What is "gross pay?"
400
An organized plan whereby you match your expected income to your expected expenses.
What is a "Budget?"
400
A certain amount of money that can be obtained quickly in case of an immediate, urgent need.
What is an "Emergency Fund?"
400
The amount a borrower must pay for the use of credit (credit card or loan for example) including interest and service charges.
What is a "Finance Charge?"
400
The spreading of risk among many types of investments.
What is "Diversification?"
500
The amount of money you have left after taxes are deducted. Also known as take home pay.
What is "net pay?"
500
A banking term to designate that there are insufficient funds to cover a check that has been written.
What is an "Overdraft?" (or "Bouncing" a Check)
500
A measure of the uncertainty about the outcome of an investment.
What is "Risk?"
500
A landlord's method of removing someone from a rental unit.
What is "Eviction?"
500
A detailed list of events, times, and places planned for a trip or vacation.